The Corporate Governance Manual is intended to guide the Directors, management and representatives of PFI so that their business conduct is consistent with PFI’s business standards. It incorporates the NZX Main Board Listing Rules relating to corporate governance and the recommendations of the NZX Corporate Governance Code.

This Corporate Governance Manual is intended to be read in conjunction with the PFI’s constitution and also applies to PFI’s subsidiaries.

For the purpose of this Corporate Governance Manual references to “employees” includes contractors of PFI.